Shares of Zylox-Tonbridge Medical Technology (ZYLOXTB) soared 5.27% during intraday trading on Wednesday.
The significant price movement follows the company's release of its 2025 financial results, which showed profit attributable to equity holders more than doubled to 244.4 million yuan from 100.3 million yuan a year earlier. Revenue also saw strong growth, increasing by 35% to 1.06 billion yuan.
Investor sentiment was further buoyed by a separate announcement that the company exercised an option to acquire an additional 11% stake in German medical technology firm Optimed Holding, a strategic move to expand its business portfolio. The board has also proposed a final dividend, pending shareholder approval.
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